Danfoss Drives has signed a non-binding memorandum of understanding (MoU) with Honeywell to explore a possible collaboration on innovating automation solutions with an integrated architecture, aiming to reduce downtime and lower engineering costs. Automation solutions are traditionally used to enhance efficiency, precision, safety and quality across various industries such as manufacturing, process industries, energy and utilities, automotive industries and agriculture. “Both companies , Honewell and Danfoss Drives are already present in most of chemical, process and energy plants across MENA […]